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Waterous’ Strathcona to Make $4 Billion Bid for MEG Energy

Financial Post · Bloomberg News · last updated
(Bloomberg) — Canadian oil tycoon Adam Waterous’ Strathcona Resources Ltd. announced plans to make a takeover bid for MEG Energy Corp. that values the oil sands company at about C$6 billion ($4 billion), advancing a push to become a major heavy crude producer. Read More